Riyadh – Mubasher: The Saudi Company for Hardware (SACO) on Monday revealed that it has opened four additional Technology departments in SACO world stores.

The Sunday openings will bring the total number of SACO Technology departments opened in 2018 to five departments, the company said a filing to the Saudi Stock Exchange (Tadawul).

The new departments are located in Jeddah, Dhahran, Dammam, and King Abdullah Street in Riyadh.

SACO will continue opening more Technology departments in other SACO stores.

The company noted that these departments were expected to increase its turnover and profitability, which will positively reflect on SACO's shareholders. Moreover, the financial impact of the newly opened departments will be reflected in the third quarter of the current fiscal year.

By 10:03 am Saudi time, SACO’s stock grew 1.09% at SAR 110.80.